Allstate FY2025 EPS Forecast Boosted by Cantor Fitzgerald

The Allstate Corporation (NYSE:ALL) – Equities research analysts at Cantor Fitzgerald lifted their FY2025 earnings per share (EPS) estimates for Allstate in a report released on Monday, November 10th. Cantor Fitzgerald analyst R. Tunis now forecasts that the insurance provider will earn $28.38 per share for the year, up from their prior forecast of $25.60. Cantor Fitzgerald has a “Hold” rating on the stock. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Cantor Fitzgerald also issued estimates for Allstate’s FY2026 earnings at $24.10 EPS.

Allstate (NYSE:ALL) last announced its quarterly earnings data on Wednesday, November 5th. The insurance provider reported $11.17 EPS for the quarter, beating the consensus estimate of $5.48 by $5.69. The firm had revenue of $17.26 billion for the quarter, compared to analyst estimates of $16.59 billion. Allstate had a return on equity of 28.74% and a net margin of 8.79%.The company’s revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.91 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Evercore ISI set a $233.00 price objective on shares of Allstate and gave the company an “in-line” rating in a research note on Wednesday, October 1st. Morgan Stanley raised their price objective on Allstate from $235.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Wolfe Research raised Allstate to a “strong-buy” rating in a research note on Tuesday, September 16th. Wall Street Zen downgraded Allstate from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Roth Capital set a $230.00 price objective on shares of Allstate and gave the stock a “buy” rating in a report on Friday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Allstate has an average rating of “Moderate Buy” and an average target price of $237.13.

Allstate Stock Up 0.8%

Shares of ALL opened at $210.95 on Wednesday. Allstate has a 1 year low of $176.00 and a 1 year high of $215.70. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.43 and a quick ratio of 0.43. The stock has a 50 day simple moving average of $202.09 and a two-hundred day simple moving average of $201.52. The firm has a market cap of $55.20 billion, a P/E ratio of 9.92, a P/E/G ratio of 0.69 and a beta of 0.35.

Institutional Investors Weigh In On Allstate

A number of large investors have recently added to or reduced their stakes in ALL. Arlington Trust Co LLC boosted its stake in shares of Allstate by 261.8% in the 2nd quarter. Arlington Trust Co LLC now owns 123 shares of the insurance provider’s stock worth $25,000 after buying an additional 89 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in Allstate by 79.7% in the third quarter. Harbor Capital Advisors Inc. now owns 124 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 55 shares during the last quarter. Barnes Dennig Private Wealth Management LLC boosted its position in Allstate by 112.3% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 138 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 73 shares during the last quarter. Clearstead Trust LLC grew its stake in shares of Allstate by 3,800.0% during the 2nd quarter. Clearstead Trust LLC now owns 156 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 152 shares during the period. Finally, Armstrong Advisory Group Inc. increased its position in shares of Allstate by 72.0% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 160 shares of the insurance provider’s stock valued at $34,000 after purchasing an additional 67 shares during the last quarter. Institutional investors own 76.47% of the company’s stock.

About Allstate

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.